Compliance VPs represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at approximately $124K annually — though VPs of Information Technology, VPs of Operations, and VPs of Finance also do fairly well at around $122K, $96K, and about $91K, respectively. With salaries averaging $44K, Personal Bankers are among the lowest paid at Citibank.
Years of Experience
For those with one to four years of experience, median paychecks reach $59K per year. For those who claim five to nine years of work experience, pay on average amounts to approximately $86K annually. When we consider tenure, a substantial portion of employees (33 percent) have been working for 10-19 years and make $92K per year on average.
When it comes to location, the highest average paycheck (around $106K annually) can be spotted in Dallas, Texas; New York, N.Y. ($99K), Irving, Texas (about $84K), and Jacksonville, Fla. ($83K) are the next top-paying cities. Approaching the lower end of the pay scale (at around $50K) is Buffalo, N.Y. By state, the highest compensation levels appear in Illinois, where the average salary is $92K per year.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Chartered Financial Analysts, who make $110K annually. Certified Information Systems Security Professionals also rank high on the pay scale, with expected average earnings of $106K per year. The highest-paying degree here is an Executive Masters of Business Administration (Exec MBA); Citibank awards about $199K to these degree-holders.
In this role, the best-paying skill appears to be Regulatory Compliance; individuals who claim it among their capabilities enjoy a higher median salary of approximately $99K annually. It's pretty common to find people here who know Project Management; slightly less than one-fifth consider it a key competency. Employees also tend to round out their skills sets with Microsoft Excel, Financial Analysis, and Data Analysis.
Benefits and Perks
One in four employees have paid vacation, and only about 19 percent can take paid time off for illness. Most employees participate in the company's 401(k) retirement savings plan. A large number of survey participants report having health insurance, and a solid majority of respondents report having dental coverage. Citibank employees also enjoy perks such as a casual working environment, life insurance, tuition reimbursement, and flexible hours.